NewzIntel.com

Category: Business

  • MIL-OSI: Bitget Wallet Champion Program Enters Beta with 40% Trading Rebate

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, March 26, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, a leading Web3 non-custodial wallet, has launched the beta phase of “Bitget Wallet Champion” program, the first ecosystem partner initiative among Web3 wallets to feature a 40% built-in rebate mechanism.

    The Champion program aims to reward early supporters who help drive growth across the Bitget Wallet ecosystem. The participation of the beta phase is currently limited to invited KOLs, community leaders, and media channels. Selected partners who successfully join the program will not only enjoy a 40% rebate on their referees’ trading fees, but also gain access to a range of exclusive perks including airdrops from key partner projects, custom merchandise, and official traffic support.

    This initiative reflects a growing trend among Web3 platforms to deepen collaboration with creators, educators, and community builders through performance-based rewards. As a leading Web3 wallet with integrated crypto trading and payment tools, Bitget Wallet continues to expand its role in supporting ecosystem growth through incentive-driven programs. This initiative also marks a key step in Bitget Wallet’s efforts to bridge online influence with real-world presence, working in tandem with the upcoming Bitget Wallet Connect meetup series, which aims to bring builders and users together through curated local gatherings across key regions.

    The full version of the Bitget Wallet Champion program will be revealed in the coming weeks, with a broader rollout planned. “We believe Web3 growth should be community-powered and value-driven. Champion is a step toward building sustainable partnerships with those who share our vision,” said Alvin Kan, COO of Bitget Wallet.

    Interested participants can now apply for the beta via Bitget Wallet’s official X account.

    About Bitget Wallet
    Bitget Wallet is the home of Web3, uniting endless possibilities in one non-custodial wallet. With over 60 million users, it offers comprehensive onchain services, including asset management, instant swaps, rewards, staking, trading tools, live market data, a DApp browser and crypto payment solutions. Supporting over 130 blockchains, 20,000+ DApps, and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges, along with a $300+ million protection fund to ensure safety of users’ assets. Experience Bitget Wallet Lite to start a Web3 journey.

    For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook

    For media inquiries, please contact: media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b9fb3ae2-30d5-47b1-bce7-94f8725ae8d7

    The MIL Network –

  • MIL-OSI: Satellogic Finalizes Move to U.S. Jurisdiction to Strengthen Market Position and Investor Access

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) — On March 26, 2025, Satellogic Inc. (NASDAQ: SATL) (the “Company”), consummated its previously announced domestication, pursuant to which the Company changed its jurisdiction of incorporation, domesticating as a corporation incorporated under the laws of the State of Delaware and discontinuing as a business company with limited liability incorporated under the laws of the British Virgin Islands. The Company’s business, assets and liabilities on a consolidated basis, as well as its Board of Directors, the Company’s executive officers, principal business locations (other than its principal executive office) and fiscal year, were the same immediately after the domestication as they were immediately prior to the domestication. Additionally, the Company’s Class A common stock will continue to trade under the ticker symbol “SATL” and its publicly-traded warrants will continue to trade under the ticker symbol “SATLW.”

    “We are incredibly excited about the strategic realignment of Satellogic as a U.S. company,” said Emiliano Kargieman, the Company’s Chief Executive Officer. “We believe this realignment provides better visibility to our investors and customers and better positions the Company to capture high value growth opportunities as it relates to competing for U.S. and allied government contracts.”

    About Satellogic

    Founded in 2010 by Emiliano Kargieman and Gerardo Richarte, Satellogic (NASDAQ: SATL) is the first vertically integrated geospatial company, driving real outcomes with planetary-scale insights. Satellogic is creating and continuously enhancing the first scalable, fully automated EO platform with the ability to remap the entire planet at both high-frequency and high-resolution, providing accessible and affordable solutions for customers.

    Satellogic’s mission is to democratize access to geospatial data through its information platform of high-resolution images to help solve the world’s most pressing problems including climate change, energy supply, and food security. Using its patented Earth imaging technology, Satellogic unlocks the power of EO to deliver high-quality, planetary insights at the lowest cost in the industry.

    With more than a decade of experience in space, Satellogic has proven technology and a strong track record of delivering satellites to orbit and high-resolution data to customers at the right price point.

    To learn more, please visit: http://www.satellogic.com.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws. The words “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intends”, “may”, “might”, “plan”, “possible”, “potential”, “predict”, “project”, “should”, “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward looking statements are based on Satellogic’s current expectations and beliefs concerning future developments and their potential effects on Satellogic and include statements concerning Satellogic’s strategic realignment as a U.S. company, the visibility and high growth opportunities it will provide in connection therewith. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. These statements are based on various assumptions, whether or not identified in this press release. These forward-looking statements are provided for illustrative purposes only and are not intended to serve, and must not be relied on by an investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Satellogic. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) our ability to generate revenue as expected, (ii) our ability to effectively market and sell our EO services and to convert contracted revenues and our pipeline of potential contracts into actual revenues, (iii) risks related to the secured convertible notes, (iv) the potential loss of one or more of our largest customers, (v) the considerable time and expense related to our sales efforts and the length and unpredictability of our sales cycle, (vi) risks and uncertainties associated with defense-related contracts, (vii) risk related to our pricing structure, (viii) our ability to scale production of our satellites as planned, (ix) unforeseen risks, challenges and uncertainties related to our expansion into new business lines, (x) our dependence on third parties to transport and launch our satellites into space, (xi) our reliance on third-party vendors and manufacturers to build and provide certain satellite components, products, or services, (xii) our dependence on ground station and cloud-based computing infrastructure operated by third parties for value-added services, and any errors, disruption, performance problems, or failure in their or our operational infrastructure, (xiii) risk related to certain minimum service requirements in our customer contracts, (xiv) market acceptance of our EO services and our dependence upon our ability to keep pace with the latest technological advances, (xv) competition for EO services, (xvi) challenges with international operations or unexpected changes to the regulatory environment in certain markets, (xvii) unknown defects or errors in our products, (xviii) risk related to the capital-intensive nature of our business and our ability to raise adequate capital to finance our business strategies, (xix) substantial doubt about our ability to continue as a going concern, (xx) uncertainties beyond our control related to the production, launch, commissioning, and/or operation of our satellites and related ground systems, software and analytic technologies, (xxi) the failure of the market for EO services to achieve the growth potential we expect, (xxii) risks related to our satellites and related equipment becoming impaired, (xxiii) risks related to the failure of our satellites to operate as intended, (xxiv) production and launch delays, launch failures, and damage or destruction to our satellites during launch, and (xxv) the impact of natural disasters, unusual or prolonged unfavorable weather conditions, epidemic outbreaks, terrorist acts, and geopolitical events (including the ongoing conflicts between Russia and Ukraine, in the Gaza Strip, and the Red Sea region) on our business and satellite launch schedules. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of Satellogic’s Annual Report on Form 20-F and other documents filed or to be filed by Satellogic from time to time with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Satellogic assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Satellogic can give no assurance that it will achieve its expectations.

    Media Contacts

    Satellogic, Inc.
    Ryan Driver, VP of Strategy & Corporate Development
    pr@satellogic.com

    The MIL Network –

  • MIL-OSI: Silynxcom Announces New Order from a National Police Agency in a European Country as Part of up to $2 Million Multi-Year Contract

    Source: GlobeNewswire (MIL-OSI)

    New Order Strengthens Company’s European Market Penetration; Company Strategically Positioned to Meet the Growing Demand for Tactical Communications Equipment

    Netanya, Israel, March 26, 2025 (GLOBE NEWSWIRE) — Silynxcom Ltd. (NYSE American: SYNX) (“Silynxcom” or the “Company”), a manufacturer and developer of ruggedized tactical communication headset devices, today announced that it has received a new order from a national police agency in a European country for the Company’s advanced in-ear communication systems. This order is part of an up to $2 million existing multi-year framework contract with the agency, which was originally announced in December 2024.

    The order is for Silynxcom’s new-generation Tetra-compatible, high-noise protection Clarus systems, combined with the Company’s “talking from the ear” technology, which incorporates enhanced situational awareness.

    “We are pleased to receive this follow-on order, which we believe reflects the confidence our customers have in our advanced communication solutions,” said Nir Klein, Chief Executive Officer of Silynxcom. ” Silynxcom is strategically positioned to meet the growing demand for tactical communication solutions that provide critical advantages in high-stakes environments. We believe that this order further validates our technology’s effectiveness in meeting the demanding requirements of law enforcement agencies.”

    Silynxcom’s in-ear communication systems are designed to offer superior hearing protection while maintaining clear communication capabilities in high-noise environments, making them ideal for law enforcement applications. The systems provide exceptional audio clarity, enhanced situational awareness, and reliable performance under demanding operational conditions.

    The Company continues to strengthen its position in the European market, with accelerating adoption of its innovative solutions by military, police, and security agencies. This order comes shortly after Silynxcom’s recently announced $300,000 contract with an elite European special forces unit, and follows other significant orders in recent months from the Israel Defense Forces, U.S. Air Force, and additional European security organizations.

    About Silynxcom Ltd.

    Silynxcom Ltd. develops, manufactures, markets, and sells ruggedized tactical communication headset devices as well as other communication accessories, all of which have been field-tested and combat-proven. The Company’s in-ear headset devices, or In-Ear Headsets, are used in combat, the battlefield, riot control, demonstrations, weapons training courses, and on the factory floor. The In-Ear Headsets seamlessly integrate with third party manufacturers of professional-grade ruggedized radios that are used by soldiers in combat or by police officers in leading military and law enforcements units. The Company’s In-Ear Headsets also fit tightly into the protective gear to enable users to speak and hear clearly and precisely while they are protected from the hazardous sounds of combat, riots or dangerous situations. The sleek, lightweight, In-Ear Headsets include active sound protection to eliminate unsafe sounds, while maintaining ambient environmental awareness, giving their customers 360° situational awareness. The Company works closely with its customers and seek to improve the functionality and quality of the Company’s products based on actual feedback from soldiers and police officers “in the field.” The Company sells its In-Ear Headsets and communication accessories directly to military forces, police and other law enforcement units. The Company also deals with specialized networks of local distributors in each locale in which it operates and has developed key strategic partnerships with radio equipment manufacturers.

    For additional informaiton about the company please visit: https://silynxcom.com

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws and are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. For example, the Company uses forward-looking statements when it discusses: growing demand for tactical communications equipment; that the follow-on order from the European national police agency reflects confidence in the Company’s technology, that the Company is strategically positioned to meet growing demand for tactical communication solutions, and the belief that this order validates the effectiveness of the Company’s technology in meeting the requirements of law enforcement agencies . Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the Company’s Annual Report on Form 20-F for the year ended December 31, 2023 filed with the U.S. Securities and Exchange Commission (the “SEC”) on April 30, 2024, and other documents filed with or furnished to the SEC which are available on the SEC’s website, www.sec.gov. The Company cautions you not to place undue reliance on any forward-looking statements, which speak only as of the date they are made. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

    Capital Markets & IR Contact

    ARX | Capital Market Advisors
    North American Equities Desk
    ir@silynxcom.com

    The MIL Network –

  • MIL-OSI: Zero Hash Secures Approval to Establish a Trust Company, Strengthening Its Custody Capabilities

    Source: GlobeNewswire (MIL-OSI)

    ASHEVILLE, N.C., March 26, 2025 (GLOBE NEWSWIRE) — Zero Hash, the leading crypto and stablecoin infrastructure platform, has been granted approval to establish a Trust Company in North Carolina, further reinforcing its position as the most comprehensive digital asset provider. This milestone deepens Zero Hash’s regulatory stack, unlocking new opportunities for institutional and brokerage clients.

    With the addition of a chartered Trust Company, Zero Hash expands its regulatory footprint, ensuring the broadest regulatory coverage for crypto and stablecoin infrastructure. Specifically, the Trust:

    • Aligns with the company’s commitment to compliance-forward innovation as the industry prepares for upcoming legislation, including the GENIUS Act, which are expected to add specific regulatory requirements for stablecoin custodians.
    • Enables Zero Hash to enhance its service offerings. As a Qualified Custodian, the company can now custody tokenized assets on behalf of SEC-registered institutions, further broadening its appeal to enterprise clients.
    • Allows Zero Hash to introduce new account types for brokerage customers, including retirement accounts and registered investment advisors.

    “This approval is a testament to our unwavering commitment to being the most comprehensive and trusted partner in the crypto and stablecoin space,” said Stephen Gardner, CEO of Zero Hash Trust. “We are excited to continue to expand our offering for the partners we service including the leading payment groups such as Shift4 and Stripe and brokerage partners including Interactive Brokers and tastytrade.”

    Concurrently, Zero Hash is announcing the appointment of two public board members appointed to the Trust. Mary Ruppert has over 20 years of experience as an attorney, compliance officer, and public policy professional, including at PayPal and the Department of Justice. David Hannigan is currently the CISO at NuBank, having previously led security at Spotify and Capital One.

    About Zero Hash

    Zero Hash is the leading crypto and stablecoin infrastructure provider that seamlessly connects fiat, crypto, and stablecoins in one platform, enabling a better way to move and transfer money and value globally.

    Through its embeddable infrastructure, start-ups, enterprises, and Fortune 500 companies build a diverse range of use cases, including cross-border payments, commerce, trading, remittance, payroll, tokenization, wallets, and on/off-ramps.

    Zero Hash Holdings is backed by investors, including Point72 Ventures, Bain Capital Ventures, and NYCA.

    Zero Hash Trust Company LLC will be established in North Carolina and hold a non-depository trust charter issued by the North Carolina Commissioner of Banks.

    Zero Hash LLC is a FinCen-registered Money Service Business and a regulated Money Transmitter that can operate in 51 U.S. jurisdictions. Zero Hash LLC and Zero Hash Liquidity Services LLC are licensed to engage in virtual currency business activity by the New York State Department of Financial Services. In Canada, Zero Hash LLC is registered as a Money Service Business with FINTRAC.

    Zero Hash Australia Pty Ltd. is registered with AUSTRAC as a Digital Currency Exchange Provider, with DCE registered provider number DCE100804170-001. Zero Hash Australia Pty Ltd. is registered on the New Zealand register of financial service providers, with Financial Service Provider (FSP) number FSP1004503. Zero Hash Europe B.V. is registered as a Virtual Asset Services Provider (VASP) by the Dutch Central Bank (Relation number: R193684). Zero Hash Europe Sp. Zoo is registered as a VASP by the Tax Administration Chamber of Poland in Katowice (Registration number RDWW – 1212).

    Media Contacts

    Zero Hash

    Shaun O’Keeffe

    (855) 744-7333

    media@zerohash.com

    The MIL Network –

  • MIL-OSI: Cequence Security Research Uncovers 66.5% of Malicious Traffic Targets Retailers as PCI DSS 4.0 Deadline Looms

    Source: GlobeNewswire (MIL-OSI)

    SANTA CLARA, Calif., March 26, 2025 (GLOBE NEWSWIRE) — Cequence Security, a leader in API security and bot management, today unveiled new insights from its CQ Prime threat research team that reveal a surge in cyber threats as businesses race to comply with the March 31 PCI DSS 4.0 deadline. The research underscores the escalating risks of API-driven fraud, credential stuffing, and payment system abuse, particularly in retail and financial services.

    Drawing on billions of real transactions and attack data from Cequence’s Unified API Protection (UAP) platform, the report highlights the growing attack surface cybercriminals exploit in payment infrastructure, loyalty programs, and product pricing systems.

    For a visual summary of the report’s findings, including how attackers are bypassing traditional security layers and strategies to defend against them, download the infographic here.

    Key Findings:

    • Scale of Credential Attacks: As the PCI DSS 4.0 deadline approaches, automated fraud is accelerating. More than 300 million account takeover (ATO) attempts were blocked in the past year, illustrating the growing scale of credential stuffing attacks.
    • Retail’s High-Stakes Battleground: Retailers faced 66.5% of all malicious traffic, highlighting their vulnerability due to high transaction volumes and fragmented security postures.
    • Product Search & Pricing Abuse: A staggering 822 million attempts were blocked as 89% of non-ATO bot-driven attacks focused on scraping product pricing. This enables competitive algorithm manipulation, scalping, and real-time price undercutting of legitimate retailers.
    • Loyalty Rewards Abuse: Over 22 million fraudulent attempts were blocked as attackers exploited loyalty programs, treating reward points like cash. These accounts are frequently drained due to easier liquidation than stolen credit cards, often going undetected until significant losses occur.
    • Shopping Cart & Inventory Abuse: Nearly 6 million attacks were prevented as fraudsters weaponized automation to hoard high-demand products.
    • Credit Verification Fraud: Over 69 million attempts were blocked as cybercriminals mass-tested stolen credit card details through low-risk transactions before making larger fraudulent purchases, fueling the circulation of compromised payment data.

    “PCI DSS 4.0 is pushing businesses to modernize security, but many are still scrambling to catch up—giving attackers the perfect opportunity to strike,” said Randolph Barr, CISO at Cequence. “Account takeovers remain the biggest threat, but we’re also seeing a wave of new, highly sophisticated attacks exploiting every stage of the digital payment process. The common thread? APIs. Attackers are sidestepping traditional security defenses and going straight for API endpoints that handle cardholder data—one of the most critical yet overlooked vulnerabilities. Businesses that focus only on compliance risk falling behind.”

    While PCI DSS 4.0 introduces critical security updates, many businesses still struggle with API protection—an area that attackers are actively exploiting. To ensure compliance while defending against real-world threats, Cequence recommends these key actions:

    • Ensure Secure Data Transmission: Encrypt all Primary Account Number (PAN) information when transmitted over open, public networks to prevent unauthorized access.
    • Secure API Endpoints: Identify all API endpoints that transmit PAN and ensure they only transmit encrypted PAN, reducing the risk of data exposure.
    • Proactively Identify Vulnerabilities: Inspect custom application code for security flaws before deployment using automated tools to identify risks in APIs, third-party integrations, and custom applications.
    • Continuously Test and Monitor: Regularly test APIs and applications for misconfigurations or vulnerabilities before production and monitor them for anomalous or malicious behavior in real time.
    • Deploy Automated Preventative Controls: Use security solutions that prevent both conventional attacks and business logic abuse while ensuring sensitive data is not exposed to unauthorized entities.
    • Implement Real-Time Threat Prevention: Identify and block malicious traffic before it reaches your applications using intelligent, automated security mechanisms.

    Additional Resources:

    About Cequence Security
    Cequence is a pioneer in API security and bot management, protecting the applications and APIs that organizations depend on from attacks, business logic abuse, and fraud. Our unique Unified API Protection platform unites discovery, compliance, and protection capabilities, providing unmatched real-time security in the face of sophisticated threats. Demonstrating value in minutes rather than days or weeks, Cequence offers a flexible deployment model that requires no app instrumentation or modification. Cequence solutions scale to meet the needs of the largest and most demanding private and public sector organizations, protecting more than 8 billion daily API interactions and 3 billion user accounts. To learn more, visit www.cequence.ai.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8ec5685c-c150-4e3f-808d-8f1994c098b6

    The MIL Network –

  • MIL-OSI: First American Bank Celebrates American Exchanger Services’ SBA Wisconsin 2025 Small Business Exporter of the Year Award

    Source: GlobeNewswire (MIL-OSI)

    MILWAUKEE, March 26, 2025 (GLOBE NEWSWIRE) — First American Bank proudly congratulates American Exchanger Services for being named the Small Business Administration (SBA) Wisconsin 2025 Small Business Exporter of the Year. This prestigious award recognizes the company’s impressive international growth and resilience in overcoming global challenges, proving that strategic financial support can lead to extraordinary success.

    The journey of American Exchanger Services is a remarkable tale of recovery. In the wake of the COVID-19 pandemic, the company faced severe disruptions to their contracts and struggled with strained finances and mounting debt. Rather than surrender, they reached out to First American Bank in 2023, seeking the support needed to turn things around.

    In response, First American Bank provided a tailored financial solution. Recognizing the potential for recovery through their returning foreign contracts, the bank offered an SBA Export Express Line of Credit to address immediate working capital needs. Additionally, First American Bank consolidated the company’s debt and refinanced real estate through the SBA International Trade Loan (ITL), stabilizing cash flow and setting the stage for profitability.

    “The strength of any business lies not just in its ability to survive, but in its ability to rebound, adapt, and grow in the face of adversity,” said Randy Sherwood, First Vice President, Commercial Banking at First American Bank. “American Exchanger Services’ recovery is a testament to their tenacity and the power of having the right financial partner at the right moment. We’re proud to have played a pivotal role in their journey and look forward to their continued success as they expand globally.”

    Today, American Exchanger Services has not only recovered but is thriving. The company’s operations have expanded, their footprint in international markets has grown, and their ability to meet customer demand has soared. Their success story underscores the importance of strategic financial solutions, especially for businesses navigating the complexities of global trade.

    “At First American Bank, we view our role as not just a lender, but a partner in our clients’ success stories,” said James Matteson, First Vice President, SBA Program Manager at First American Bank. “American Exchanger Services’ achievement highlights the critical role of tailored financial solutions and the resilience of businesses that innovate in challenging times. We’re excited for what the future holds as they continue to break barriers in international trade.”

    First American Bank is honored to have played a key role in helping American Exchanger Services recover, rebuild, and thrive. This SBA recognition is a powerful reminder of how strategic financing can transform challenges into growth opportunities, fueling continued success in even the most difficult times.

    Additionally, First American Bank is proud to have been recognized as the SBA Export Lender of the Year for Wisconsin, further affirming the bank’s commitment to supporting local businesses in their global expansion efforts.

    At First American Bank, we are dedicated to helping small businesses grow both locally and internationally. American Exchanger Services is just one example of the immense potential small businesses have when given the right tools, resources, and support. We look forward to their continued expansion and are excited to continue partnering with them as they reach new heights.

    Here’s to American Exchanger Services’ ongoing success and growth in the global marketplace.

    For more information about First American Bank and how we help businesses unlock their potential, visit www.firstambank.com.

    First American Bank is a Member FDIC.

    Contact:
    Teresa Lee
    305-631-6400

    The MIL Network –

  • MIL-OSI: Former BlackRock Executive Walter Ward III Rejoins TiiCKER as CEO to Accelerate Growth at Retail Shareholder Engagement Startup

    Source: GlobeNewswire (MIL-OSI)

    GRAND RAPIDS, Mich., March 26, 2025 (GLOBE NEWSWIRE) — TiiCKER, the world’s leading platform for connecting publicly traded companies with their retail investors, today announced the appointment of Walter Ward III as its new Chief Executive Officer and Co-Founder. A longtime board member and advisor to TiiCKER and the former Chief of Staff as TiiCKER launched, Ward brings proven leadership experience in fintech, Wall Street, and corporate innovation—most recently serving as Chief Operating Officer for BlackRock’s Atlanta Innovation Hub and Chief Operating Officer for ETF Platform Innovation and Change.

    At BlackRock ($BLK), Ward played a pivotal role in managing the business operations and for one of the firms largest ETF platform transformations while also leading the Atlanta Innovation Hub as COO, where he spearheaded new initiatives in fintech and asset management. Prior to BlackRock, Ward served as Director and Chief of Staff for Liquidity Solutions at Silicon Valley Bank (SVB), where he helped drive growth for one of the fastest-expanding divisions at the bank focused on serving the innovation economy.

    “Walter has been instrumental in shaping TiiCKER from its inception, and this is a full-circle moment for our team and our investors to have him back at the helm,” said Jeff Lambert, Chairman and Founder of TiiCKER. “His experience in financial services, technology, and consumer engagement, coupled with his intimate knowledge of our tech stack, business model and retail investor audience, ensures TiiCKER and the companies and brands we serve will feel his impact on day one.”

    Ward’s appointment marks a pivotal moment for TiiCKER as it sharpens its focus on the most widely held retail stocks, scaling its community of everyday investors and the companies eager to engage them through exclusive perks and rewards.

    “I couldn’t be more excited to step into the CEO role at TiiCKER,” said Ward. “This isn’t just another company to me—it’s a movement. TiiCKER is pioneering the future of shareholder engagement, and we’re only scratching the surface. From product innovation to business development, we’re building something epic, and I want to bring the best minds along for the journey.”

    Under Ward’s leadership, TiiCKER is actively looking to connect with professionals and partners in key areas, including product development, business development, retail investor marketing, and corporate partnerships.

    TiiCKER continues to redefine the relationship between public companies and their retail investors by offering a seamless platform where shareholders can verify their ownership, access exclusive perks, and engage with the companies they own. With Ward at the helm, the company is poised for its next phase of growth, expanding its reach among retail investors and publicly traded brands, supporting IPOs and registered offerings, and further solidifying its position as the premier platform for retail shareholder engagement.

    For more information, visit www.TiiCKER.com.

    About TiiCKER
    Fintech TiiCKER invented verified stock perks and direct-to-shareholder marketing through its web-based and mobile app software platforms, providing consumers and investors with a revolutionary way to engage with the brands they own and love. For America’s more than 100 million retail investors and fans of publicly traded brands, TiiCKER provides unique access to shareholder perks and discounts, custom articles and content, CEO and company-access events for retail investors, and TiiCKER Perks from marketing partners.

    For its brands and public company partners, TiiCKER creates and markets measurable Shareholder Loyalty Programs that drive more spending, investing and voting among their consumers and verified owners, maximizing Shareholder Lifetime Value™. As a result of its innovation and leadership in direct-to-shareholder marketing, TiiCKER was named: Best Shareholder Engagement Platform (2024 Benzinga Global Fintech Awards); Most Innovative Tech Companies of the Year at the 2024 American Business Awards®; Top MarTech Startup of 2023 by MarTech Outlook; and won the 2023 cohort for the AWS (Amazon Web Services) Fintech Accelerator program.

    Media Contact:
    Sarah Smith
    ssmith@tiicker.com

    The MIL Network –

  • MIL-OSI: Instant launches Financial Wellness program, offering hourly workers financial empowerment resources

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, March 26, 2025 (GLOBE NEWSWIRE) — Instant Financial, a fintech company modernizing payments and earned wage access for hourly workers and their employers, today introduced its Financial Wellness program. With 65 percent of Americans living paycheck to paycheck, Instant’s Financial Wellness program is designed to help frontline employees achieve financial independence through tools that promote saving, build credit, and enhance financial health and well-being. The service is available to workers whose employers already partner with Instant for earned wage access, digital tips, and instant payments via banks, mobile wallets, or paycards. Instant’s solutions enable these workers to receive their wages at the end of each shift, or whenever they need them, rather than waiting weeks for payday.

    “Instant Financial is proud to offer financial wellness tools to our employers and current and future workers who receive earned wage access through our app,” said CEO Tal Clark. “Our mission has always been to give frontline employees opportunities for financial freedom, and today’s launch is a huge step toward that goal.”

    Benefits in Instant’s Financial Wellness program include:

    • Health and Well-being Access – Powered by Welcome Tech and designed for banked and unbanked individuals, Instant’s users can access a healthcare package consisting of telemedicine, prescription discounts, mental health support, and discounts on dental and vision care at a monthly cost of $35 per household.
    • Credit Building – Powered by MoneyLion, users may improve their credit scores by making on-time loan or credit card payments, which are then reported by MoneyLion to one or more of the major credit bureaus.
    • Free Rent Reporting – Powered by Self, users may improve their credit scores by making on-time rent payments, which are then reported by Self to the three major credit bureaus. Payment history makes up 35 percent of credit scores, but most apartments in the U.S. do not report rent payments to credit bureaus. 
    • Financial Education – Powered by Visa’s Practical Money Skills program, users get access to a multitude of financial education resources and can learn about basics on budgeting, saving, banking, and other financial tools.
    • High-Yield Savings Accounts – Powered by MoneyLion, users can choose from the top high-yield savings accounts offered from leading institutions with no monthly fee.

    “We’ve partnered with Instant Financial since 2017, offering daily digital tip payouts to thousands of our workers, so it’s become an integral part of our employee benefits,” said Robert Linder, CFO at Lazy Dog. “We’re always looking for meaningful ways to reduce financial stress for our team members, and we are excited about the potential of Instant’s Financial Wellness program to provide important tools to save more, improve credit, and take care of mental and physical well-being.”

    This announcement follows the recent launch of Instant Direct, which allows employees to choose between transferring funds to their bank accounts or using the Instant Card, based on their individual needs and circumstances. Today, Instant is the only platform offering an all-in-one solution that includes earned wage access, digital tips, and payroll cards, and it has helped workers in restaurants, retail, hospitality, and beyond access $7.5 billion+ in earnings at no or low cost. Customers like Sun Holdings, Church’s Chicken, and Bloomin’ Brands rely on Instant for their modern payroll solutions, which helps them better recruit and retain their frontline workforce.

    “Financial security goes beyond just receiving a paycheck—it’s about having access to the tools and resources needed to build a better future,” said Amir Hemmat, co-founder and CEO of Welcome Tech. “Through our partnership with Instant, we’re helping workers take control of their financial and personal well-being.”

    For more information about the Instant Financial Wellness program or to explore modern payroll solutions for your business, visit instant.co.

    About Instant
    Instant Financial is a fintech company modernizing payments and earned wage access for hourly workers and their employees. We provide earned wage access, digital tips, and instant payments via banks, mobile wallets, or paycards, along with financial wellness services—giving frontline workers control over how and when they get paid. As the first company to offer earned wage access through a paycard, Instant has helped workers in restaurants, retail, hospitality, and beyond access over $7.5 billion in earnings at no or low cost. With 79% of employees wanting same-day pay, our award-winning solutions turn every workday into payday, helping employers improve recruitment and retention. Learn more at instant.co.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/96cc688b-3131-4f19-89d8-1652eca1dc26

    The MIL Network –

  • MIL-OSI: Cloudera Appoints Leo Brunnick as Chief Product Officer

    Source: GlobeNewswire (MIL-OSI)

    SANTA CLARA, Calif., March 26, 2025 (GLOBE NEWSWIRE) — Cloudera, the only true hybrid platform for data, analytics, and AI, today announced the appointment of Leo Brunnick as Chief Product Officer. With more than 30 years of experience leading technology teams, Brunnick will work closely with CEO Charles Sansbury and the entire Cloudera leadership team to oversee the company’s product and technology direction.

    “Not many companies today understand that enterprises require flexibility to successfully deploy new solutions, but Cloudera clearly has that down,” said Brunnick. “Cloudera is the only data platform provider that offers both robust on-premises and cloud-native data and AI services to enable a truly hybrid experience behind customer firewalls. These capabilities, combined with the incredible AI talent and growing ecosystem of partners, are what drew me to the company.”

    Brunnick recently served as the Chief Operating Officer of Naviga, a software provider for content development in media. During his six years there, Brunnick led a team of more than 600 product, marketing, engineering, and customer support professionals. Prior to his time at Naviga, he held several leadership roles at Vignette, including EVP of Engineering, Chief Product Officer, and Chief Marketing Officer, until the company’s sale to OpenText in 2008. Brunnick also served as an officer in the Marine Corps and earned his MBA from Georgia State University after graduating from Harvard University with his bachelor’s degree in general engineering.

    “Leo’s experience guiding high-performing teams and translating customer needs into platform excellence will be invaluable to Cloudera as we continue to lead the data, analytics, and AI markets,” said Sansbury. “With Leo officially onboard, Cloudera is set to continue accelerating product innovation to provide our customers with the most robust hybrid solution on the market.”

    To learn more about Cloudera, visit www.cloudera.com.

    About Cloudera
    Cloudera is the only true hybrid platform for data, analytics, and AI. With 100x more data under management than other cloud-only vendors, Cloudera empowers global enterprises to transform data of all types, on any public or private cloud, into valuable, trusted insights. Our open data lakehouse delivers scalable and secure data management with portable cloud-native analytics, enabling customers to bring GenAI models to their data while maintaining privacy and ensuring responsible, reliable AI deployments. The world’s largest brands in financial services, insurance, media, manufacturing, and government rely on Cloudera to use their data to solve what was once impossible—today and in the future. 

    To learn more, visit Cloudera.com and follow us on LinkedIn and X. Cloudera and associated marks are trademarks or registered trademarks of Cloudera, Inc. All other company and product names may be trademarks of their respective owners.

    Contact
    Jess Hohn-Cabana
    cloudera@v2comms.com

    The MIL Network –

  • MIL-OSI Economics: Meet your AI Beauty Counselor: K-beauty giant Amorepacific builds an AI app for personalized advice

    Source: Microsoft

    Headline: Meet your AI Beauty Counselor: K-beauty giant Amorepacific builds an AI app for personalized advice

    Traditionally, salespeople at department stores or door-to-door have fulfilled that role. But these experts are scarce online. While beauty influencers abound, they usually promote specific products rather than what consumers want or need. 

    “We want to provide the same level of service that [customers] get offline in the online environment,” Hong said.  

    Hyper-personalization 

    Amorepacific was started 80 years ago by Suh Sungwhan, whose mother, Yun Dokjeong, bottled camellia oil by hand. It was the first Korean company to set up a cosmetics lab in the 1950s and to open a beauty counseling center in the 1960s. Today it is helmed by Suh’s son, Kyungbae Suh, and its well-known brands include Etude, Innisfree and Hera at the entry level, Laneige a step up and Sulwhasoo at the luxury end. 

    Amorepacific products are sold in more than 15 markets, the biggest being Korea, China and the rest of Asia Pacific. It is also making inroads in North America and Europe.  

    The organization was already using AI technology on its online Amore Mall to drive product search, recommendations and skin diagnosis when generative AI burst onto the scene about three years ago.  

    “We saw how we could make it [the online experience] a conversational service,” said Chikook Noh, Amorepacific’s AI Solutions Team Leader.

    Chikook Noh, Amorepacific’s AI Solution Team Leader, sees the app advising first on skincare then on make-up in future. Photo by Seong Joon Cho for Microsoft.

    The AIBC uses OpenAI’s GPT 4o and 4o-mini large language models on Microsoft Azure OpenAI Service to answer customer queries in the app. The underlying data is handled with Data Factory on Microsoft Fabric and AI Search functions in Azure AI Foundry. 

    The AIBC would help overcome a gap with the company’s existing online skin diagnosis tool on Amore Mall, Noh said. Currently consumers answer a series of questions such as “Is your skin oily? (Rate on a scale of 1 to 5)” and take a picture of their faces. It produces an overall score and dispenses advice on skincare and products. 

    This skin diagnosis tool has been used 2.5 million times online and in stores by consumers over the last four years. The IT department noticed an interesting thing – when used online via Amore Mall, “the transition to purchase tends to be on the lower side,” Noh said. But when used in a physical store, “the offline rate is very high because there is a conversation with the sales assistant.” 

    Sion Kim tries out the AI Beauty Counsellor app, which is being launched soon. Photo by Seong Joon Cho for Microsoft.

    The AI app aims to provide the kind of advice that store sales assistants provide to drive sales. Inputs for the AIBC will include consumers’ purchase history, review history as well as online skin diagnosis. The AIBC will then converse with the consumer to determine their current skin status and what their concerns are. 

    The most important thing is the “hyper-personalization. I know you. I know what troubles you have. I know what makes you feel good,” Noh said. 

    Different beauty needs 

    The AIBC development team anticipates interest even from those who don’t use a ton of beauty products. 

    Hyejin Yoon, 35, is at the other end of the consumer spectrum from Kim, the Pilates instructor. A former Chinese teacher for middle and high-schoolers, she now stays home with her one-year-old baby on the outskirts of Seoul. 

    Before the baby, she used various Amorepacific brands like Hera, Primera and Hanyul. Now there’s only time for a face wash, a toner and moisturizing cream from Illiyoon, a fragrance-free brand aimed at people with sensitive skin. She shares the cream with her baby. 

    “I have no time to put on so many steps because of the baby,” she said. 

    Hyejin Yoon is a time-pressed new mother in Seoul who says she would use the AI Beauty Counsellor app to suggest products for her skin. Photo by Seong Joon Cho for Microsoft.

    She noticed how her skin changed when she became a mother. “I feel my skin is getting drier and drier,” she said. “I am tired of having to keep trying different products.” 

    She briefly tried a test version of the AIBC app and said she could see herself using it, especially if it includes facial analysis. 

    The AI Beauty Counselor is Amorepacific’s first public-facing use of generative AI. 

    It follows the organization’s roll out in 2023 of a generative AI chat tool for internal use, also on Microsoft Azure OpenAI Service. That has been used for everything from summarizing medical research articles to creating interior designs for pop-up stores to creating marketing content. 

    Since the AIBC involves interacting with the public, the IT team has also taken pains to anticipate potentially risky subjects such as politics and religion. If a consumer touches on these subjects, the AIBC will reply: “This is a question we cannot answer,” according to Hong. 

    In the future, the goal is for the AIBC to go beyond text to include voice and images and dispense advice not just on skincare but also make-up and health supplements.

    Top Image: Sion Kim, a 26-year-old Pilates instructor, said she would use the AI Beauty Counsellor app to keep up with seasonal trends and what suits her skin type. Photo by Seong Joon Cho for Microsoft. 

    MIL OSI Economics –

  • MIL-OSI Global: Forget booing the anthem, Canada must employ strategic communications to fight Trump’s lies

    Source: The Conversation – Canada – By Matthew Hefler, Senior Research Fellow, Center for Statecraft and Strategic Communication, Stockholm School of Economics

    Since his return to office, United States President Donald Trump has launched a trade war on Canada. The White House has twice set deadlines for the imposition of sweeping 25 pre cent tariffs — and twice pulled back.

    Trump has also threatened to use “economic force” to compel Canada to become the 51st state, remarks that are a focal point of the ongoing federal election campaign.

    Canadians are offended. They’ve voiced this displeasure, with Canadian sports fans continuing to boo the American anthem at recent events.

    This might be counterproductive.

    Trump says Canada is ‘nasty’

    In this trade war, Canada faces more than tariffs: it’s confronting a communications effort by the president to paint Canadians as mean, disrespectful and “nasty.”

    Trump’s most consistent line is that Canadians are “not fair,” “very abusive” and taking advantage of the U.S. on trade.

    Regardless of the truth, the president repeats these allegations over and over and over again.

    The repetition is the point — it’s an important practice in strategic communications or what’s known as StratCom, the use of communication to achieve objectives.

    The repetition is key to Trump’s StratCom — it’s a way of making his message stick. Hard as it is for Canadians to believe this, there’s a danger of this “nasty Canadian” narrative taking hold south of the border.

    Take it from a communications expert who often works in the U.S. and Europe: not everyone is as well-versed on the dispute as Canadians are. Even actions like booing the American anthem risk reinforcing Trump’s slurs against Canada.

    Canada must devise its own strategy to counter Trump’s message and remind Americans — and the world — that Canada trades on fair terms. By dampening American support for the president’s trade war, this StratCom effort could actually help protect the Canada-U.S. relationship for the long term.

    Creating false counter-narratives

    Trump has long mastered the art of swapping one narrative with a preferred alternative. This tactic has arguably helped save his political career.

    For millions of Americans, the president turned Russian interference in the 2016 election into the “Russia Hoax” — something he raised as recently as the infamous Oval Office meeting with Ukrainian President Volodymyr Zelenskyy.

    Rather than concede the 2020 election, Trump and his allies adopted the mantra “Stop the Steal.” And in a most striking StratCom effort, Trump and supporters recast the events of Jan. 6, 2021 at the U.S. Capitol into “a day of love.” Trump also issued a blanket pardon of all those convicted over the attack.

    These are astounding examples of strategic communications, whatever we might think of the president’s honesty or his objectives.

    Every time Trump repeats claims that Canada is taking advantage of the U.S., that narrative becomes further entrenched. So far, Ottawa has reminded Americans that Canada is a good partner and that tariffs would hurt both countries.

    But it’s not clear that appealing to the long Canadian-American history as allies is having much effect in the White House. In early February, Vice President JD Vance posted: “Spare me the sob story about how Canada is our ‘best friend’” and noted Canada’s low defence spending.

    A Canadian StratCom strategy

    The Canadian government therefore must invest in an ambitious campaign of strategic communications. It should drive home that Canadians trade on fair terms and that Canada buys more American goods than China, Japan, the United Kingdom and France combined.

    This StratCom effort must make clear that Canadians can and will be forced to buy elsewhere. It must note that Trump renegotiated a new Canada-U.S.-Mexico trade deal in 2018 and that the agreement was a win for the U.S.

    The campaign can employ humility and humour, but it must reinforce the mutual benefit of trade and make clear that Trump’s anti-Canada comments are not based in reality.

    Some specific claims must be targeted. Trump often notes that Canada has high tariffs on specific American products, like milk. But this can be misleading, as these are part of a negotiated supply control quota system.

    Rather than simply counter Trump’s narrative, the campaign should advance a Canadian one.

    Canadian leaders are starting to recognize this. Before leaving office, Prime Minister Justin Trudeau compared Trump’s treatment of Canada over trade with his conciliatory stance toward Russia over its invasion of Ukraine.

    Former finance minister Chrystia Freeland has underscored the importance of communicating directly to regular Americans. The federal government has paid for anti-tariff ads on digital billboards along key highways in red states, including Florida, Nevada, Georgia, Michigan and Ohio.

    Canadians themselves are in on the act. Decades after Canadian actor and broadcaster Jeff Douglas appeared in the iconic “I am Canadian” commercial, he’s come out with a new rendition.

    “We are Canadian” rejects the president’s “51st State” threats. Its polite but firm tone is the sort of quintessentially Canadian response that should form the basis of a national StatCom effort.

    A new Jeff Douglas ‘We Are Canadian’ video.

    Controlling the narrative

    Given time and space, Trump can reshape the terms of the debate or even perceptions of reality. The Canadian government should therefore lead the way in defending the country’s trading practices and its value as a partner.

    This effort should reflect Canada’s traditional emphasis on respect and decency. Canadians are offended. But they should resist responses like booing another nation’s anthem — especially if it contributes to the president’s effort to paint Canadians as mean or disrespectful.

    The Canada-U.S. relationship will be changed by this experience. But whether the rift is lasting depends in part on whether Canadians believe regular Americans accept or reject the president’s narrative.

    A good communications effort could help Canada counter the president’s StratCom campaign and reduce the longer-term fallout from this unfair attack — no matter the repeated threats and slurs emanating from the Oval Office.

    Matthew Hefler does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Forget booing the anthem, Canada must employ strategic communications to fight Trump’s lies – https://theconversation.com/forget-booing-the-anthem-canada-must-employ-strategic-communications-to-fight-trumps-lies-252704

    MIL OSI – Global Reports –

  • MIL-OSI USA: U.S. International Investment Position, 4th Quarter and Year 2024

    Source: US Bureau of Economic Analysis

    Fourth Quarter

    The U.S. net international investment position, the difference between U.S. residents’ foreign financial assets and liabilities, was –$26.23 trillion at the end of the fourth quarter of 2024, according to statistics released today by the U.S. Bureau of Economic Analysis (chart 1). Assets totaled $35.89 trillion, and liabilities were $62.12 trillion (chart 2). At the end of the third quarter, the net investment position was –$24.15 trillion (revised). The net investment position and components of assets and liabilities are presented in table 1.

    The –$2.08 trillion change in the net investment position from the third quarter to the fourth quarter came from net financial transactions of –$411.2 billion and net other changes in position, such as price and exchange-rate changes, of –$1.67 trillion (table 2).

    Exchange-rate changes of –$1.18 trillion reflected major foreign currency depreciation against the U.S. dollar, which lowered the value of U.S. assets more than U.S. liabilities in dollar terms.

    Price changes of –$632.0 billion reflected price decreases for assets and price increases for liabilities, as foreign stock prices underperformed relative to U.S. stock prices. Both foreign and U.S. bond prices decreased in the fourth quarter.

    U.S. assets decreased by $1.77 trillion to a total of $35.89 trillion at the end of the fourth quarter, driven by the depreciation of foreign currencies against the U.S. dollar that lowered the value of U.S. assets in dollar terms. All major investment categories of assets decreased, notably portfolio investment and direct investment assets (chart 3).

    Portfolio investment assets decreased by $734.6 billion to $15.87 trillion and direct investment assets decreased by $643.1 billion to $11.27 trillion, reflecting exchange-rate changes of –$701.7 billion and –$518.5 billion, respectively (table 2).

    U.S. liabilities increased by $306.2 billion to a total of $62.12 trillion at the end of the fourth quarter, driven by financial transactions of $402.8 billion, notably foreign purchases of U.S. stocks and long-term debt securities. Increases in portfolio investment and direct investment liabilities were partly offset by decreases in financial derivatives and other investment liabilities (chart 4).

    Portfolio investment liabilities increased by $357.6 billion to $33.09 trillion, driven by financial transactions of $328.0 billion. Direct investment liabilities increased by $295.6 billion to $17.84 trillion, driven by price changes of $236.1 billion (table 2).

    Table A. Updates to Third-Quarter 2024 International Investment Position Aggregates
    [Trillions of dollars, not seasonally adjusted]

      Preliminary estimates Revised estimates
    U.S. net international investment position –23.60 –24.15
       U.S. assets 37.86 37.66
       U.S. liabilities 61.46 61.81

    U.S. Bureau of Economic Analysis

    Year 2024

    The U.S. net international investment position was –$26.23 trillion at the end of 2024, compared to –$19.85 trillion at the end of 2023. The net investment position and components of assets and liabilities are presented in table 3.

    The –$6.38 trillion change in the net investment position from the end of 2023 to the end of 2024 came from net financial transactions of –$1.27 trillion and net other changes in position, such as price and exchange-rate changes, of –$5.11 trillion (table 3).

    Price changes of –$3.43 trillion reflected U.S. stock price increases that exceeded foreign stock price increases, which raised the market value of U.S. liabilities more than U.S. assets.

    Exchange-rate changes of –$1.06 trillion reflected the depreciation of major foreign currencies against the U.S. dollar, which lowered the value of U.S. assets more than U.S. liabilities in dollar terms.

    U.S. assets increased by $1.49 trillion to a total of $35.89 trillion at the end of 2024, driven by foreign stock price increases and by financial transactions that were partly offset by exchange-rate changes. All major investment categories of assets increased, notably direct investment and portfolio investment assets (chart 5).

    Direct investment assets increased by $658.6 billion to $11.27 trillion and portfolio investment assets increased by $539.0 billion to $15.87 trillion, reflecting increases in foreign stock prices and financial transactions that were largely offset by exchange-rate changes (table 3).

    U.S. liabilities increased by $7.86 trillion to a total of $62.12 trillion at the end of 2024, driven by U.S. stock price increases and by financial transactions that mostly reflected foreign purchases of U.S. long-term debt securities and stocks. All major investment categories of liabilities increased, notably portfolio investment and direct investment liabilities (chart 6).

    Portfolio investment liabilities increased by $4.47 trillion to $33.09 trillion and direct investment liabilities increased by $3.03 trillion to $17.84 trillion, driven by U.S. stock price increases that raised the market value of these liabilities and by financial transactions (table 3).

    Upcoming Update to the U.S. International Investment Position

    The annual update of the U.S. international investment position will be released along with preliminary estimates for the first quarter of 2025 on June 30, 2025. A preview of the annual update will be available in the Survey of Current Business in April 2025.

    For resources, definitions, and more, visit “Additional Information.”

    Next release: June 30, 2025, at 8:30 a.m. EDT
    U.S. International Investment Position, 1st Quarter 2025 and Annual Update

    MIL OSI USA News –

  • MIL-OSI: Turbo Energy Aims to ‘Set the Record Straight’ with Lawsuit Filed Against China-Based Sigenergy, Claiming False Advertising Regarding “World’s First 5-1 Energy Storage System”

    Source: GlobeNewswire (MIL-OSI)

    VALENCIA, Spain, March 26, 2025 (GLOBE NEWSWIRE) — Turbo Energy, S.A. (NASDAQ:TURB) (“Turbo Energy” or the “Company”), a global provider of leading-edge, AI-optimized solar energy storage technologies and solutions, today announced that it has filed a lawsuit in the Mercantile Court of Madrid in the Kingdom of Spain against Sigenergy International S.L. in an action for the cessation and rectification of illegal advertising relating to its baseless claim that its product marketed as SigenStor is the “world’s first highly integrated 5-in-1 energy storage system.”

    On June 12, 2023, China-based Sigenergy announced that it was “set to astound the world with its all-scenario energy solution, featuring the world’s first highly integrated 5-in-1 energy storage system,” at the EES Europe industry conference which was held in Munich, Germany that same week. Over the next year, Sigenergy followed with the implementation of a multi-channel promotional campaign, routinely broadcasting its claim to be the “world’s first…” on YouTube, its social media sites, its website and website blog and at industry trade show and conferences.

    By way of the lawsuit, Turbo Energy is alleging that Sigenergy’s promotional statements were blatantly false and misleading, particularly in light of the fact that Turbo Energy has been marketing its patented SUNBOX EV product, a highly integrated, all-in-one energy storage system, since its announced launch on April 22, 2022 and its official debut at the InterSolar Europe industry event held in Europe on May 11-13, 2022 – more than one year ahead of the introduction of SigenStor. 

    Mariano Soria, Chief Executive Officer of Turbo Energy, stated, “While it is our belief that Turbo Energy’s SUNBOX EV may indeed be the world’s first all-in-one energy storage innovation, we know for a fact that Sigenergy’s competing product, SigenStor, is not.  Therefore, we have filed this lawsuit with the objective of compelling Sigenergy to set the record straight by first acknowledging that the promotional statements they have made were unlawful and misleading, by publishing formal corrections in the press and on their website and by agreeing to refrain from continuing its unlawful advertising practices in the future.”

    Continuing, Soria said, “Turbo Energy is a global company defined, guided and inspired by our pioneering spirit, technological innovation and deeply embedded core values. Further, we recognize that we have chosen to pursue leadership in one of the fastest growing sectors of the sustainable energy industry – solar energy storage solutions — which has attracted a wide range of competitors to the space. Turbo Energy actually welcomes competitive pressure, because it serves to challenge us to be that much better and to reach further, faster.  What we don’t appreciate – and will not stand for — are competitors who elect to use deceptive advertising practices to misinform and mislead the customers we are all out there competing to win.”

    About Turbo Energy, S.A.

    Founded in 2013, Turbo Energy is a globally recognized pioneer of proprietary solar energy storage technologies and solutions managed through Artificial Intelligence. Turbo Energy’s elegant all-in-one and scalable, modular energy storage systems empower residential, commercial and industrial users expanding across Europe, North America and South America to materially reduce dependence on traditional energy sources, helping to lower electricity costs, provide peak shaving and uninterruptible power supply and realize a more sustainable, energy-efficient future. A testament to the Company’s commitment to innovation and industry disruption, Turbo Energy’s introduction of its flagship SUNBOX represents one of the world’s first high performance, competitively priced, all-in-one home solar energy storage systems, which also incorporates patented EV charging capability and powerful AI processes to optimize solar energy management. Turbo Energy is a proud subsidiary of publicly traded Umbrella Global Energy, S.A., a vertically integrated, global collective of solar energy-focused companies. For more information, please visit www.turbo-e.com.

    Forward-Looking Statements

    Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on current beliefs, expectations and assumptions regarding the future of the business of the Company, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control, including the risks described in our registration statements and annual report under the heading “Risk Factors” as filed with the Securities and Exchange Commission. Actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statements contained in this press release speak only as of the date hereof, and Turbo Energy, S.A. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

    For more information, please contact:

    At Turbo Energy, S.A.                                                 
    Dodi Handy, Director of Communications                       
    Phone: 407-960-4636                                                   
    Email: dodihandy@turbo-e.com 

    The MIL Network –

  • MIL-OSI: Standard Lithium Provides Corporate Update

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, March 26, 2025 (GLOBE NEWSWIRE) — Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI), a leading near-commercial lithium company, is pleased to provide a general corporate update demonstrating continuous advancement and derisking of corporate objectives.

    Principal corporate updates and highlights include:

    • Commencement of a rigorous and disciplined project finance and off-take process for the first phase of the South West Arkansas (“SWA”) Project (first phase contemplates 22,500 tonnes per year of battery quality lithium carbonate production). A banking advisor with recent and relevant success has been selected to lead an intensive off-take selection and project finance (debt) process. This two-pronged engagement with potential off-take partners and debt providers started in January and is expected to be completed in Q3 and Q4 respectively. The Company looks forward to releasing additional information as the process advances;
    • The Smackover Lithium JV, in partnership with Equinor, continues the successful mineral leasing program in East Texas (“ETX”). SLI first started extensive mineral leasing in the most prospective areas of the Smackover Formation in East Texas in 2022. Since the formation of the JV in May 2024, it has continued to grow the acquired lease position, and is now actively leasing within a total area of 185,000 acres across several Counties in East Texas;
    • The first ETX project area of approximately 67,000 acres has been identified. This project area is centered on Franklin County, and the Company has previously drilled three exploratory boreholes in and adjacent to this project area and reported the highest known lithium in brine grades in North America (maximum lithium grade of 806 mg/L reported). Some of the existing wells will be resampled during Q2 and Q3 of this year, and it is expected that a maiden Inferred Resource Report for this highly prospective lithium resource will be published in Q3 of this year;
    • The Company, in partnership with Koch Technology Solutions, continues to use the Demonstration Plant in Union County as an essential test and technology development center to not only demonstrate the derisked and commercially ready DLE technology for the first commercial project at SWA, but also as a test-bed to continuously improve the entire flowsheet for future projects;
    • Commercial development at the Lanxess Projects is not ruled out, but the Company’s focus on building the next phase of lithium projects in North America is centered on the JV opportunities at the SWA Project and in East Texas. The Company is confident the brine resources that the JV is securing in East Texas will come to be seen as the premier lithium brine assets in North America.

    David Park, CEO of Standard Lithium said “The Standard Lithium team, in combination with our partners Equinor and Koch Technology Solutions, has been working diligently to keep on moving the projects forward, derisking key workstreams and hitting development milestones. As we’ve said before, it’s time for us to prioritize, focus, and execute. It is now clear that executing on our SWA Project with our partners is our top priority, and that we see incredible potential to build on that foundation and grow with them into East Texas.”

    Six-Month Fiscal Period Ended December 31, 2024 Call and Webcast

    The Company will hold a conference call and webcast to discuss its six-month fiscal period ended December 31, 2024 on Friday, March 28th at 3:30 p.m. ET. Access to the call is available via webcast or direct dial.

    Conference Call and Webcast Details
    Standard Lithium Six Month Fiscal Period Ended December 31, 2024 Results Call and Webcast
    March 28, 2025 3:30 p.m. Eastern Time (US and Canada)

    Participant Information:
    Conference ID: 6644028

    USA / International Toll +1 (646) 307-1963
    USA – Toll-Free (800) 715-9871
    Canada – Toronto (647) 932-3411
    Canada – Toll-Free (800) 715-9871

    Attendee Webcast Link:
    https://events.q4inc.com/attendee/457319305

    About Standard Lithium Ltd.

    Standard Lithium is a leading near-commercial lithium development company focused on the sustainable development of a portfolio of large, high-grade lithium-brine properties in the United States. The Company prioritizes projects characterized by the highest quality resources, robust infrastructure, skilled labor, and streamlined permitting. Standard Lithium aims to achieve sustainable, commercial-scale lithium production via the application of a scalable and fully integrated DLE and purification process. The Company’s flagship projects are located in the Smackover Formation, a world-class lithium brine asset, focused in Arkansas and Texas. In partnership with global energy leader Equinor, Standard Lithium is advancing the South West Arkansas project, a greenfield project located in southern Arkansas, and actively exploring promising lithium brine prospects in East Texas. Standard Lithium also holds an interest in certain mineral leases in the Mojave Desert in San Bernardino County, California.

    Standard Lithium trades on both the TSX Venture Exchange and the NYSE American under the symbol “SLI”. Please visit the Company’s website at www.standardlithium.com.

    Qualified Person

    Steve Ross, P.Geo., a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, and Vice President Resource Development for the Company, has reviewed and approved the relevant scientific and technical information in this news release.

    Investor and Media Inquiries

    Chris Lang
    Standard Lithium Ltd.
    +1 604 409 8154
    investors@standardlithium.com

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to intended development timelines, future prices of commodities, accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals, the reliability of third party information, continued access to mineral properties or infrastructure, fluctuations in the market for lithium and its derivatives, changes in exploration costs and government regulation in Canada and the United States, and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

    The MIL Network –

  • MIL-OSI: Red Cat Holdings to Report Financial Results for the 2024 Stub Period (as of December 31, 2024 and the eight months then ended) and Provide Corporate Update on Monday, March 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    SAN JUAN, Puerto Rico, March 26, 2025 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, announces that financial results for the 2024 Stub Period (as of December 31, 2024 and the eight months then ended) will be reported on Monday, March 31, 2025 at the market close.

    Company management will host an earnings conference call at 4:30p.m. ET on Monday, March 31, 2025 to review financial results and provide an update on corporate developments. Following management’s formal remarks, there will be a question-and-answer session.

    Interested parties can listen to the conference call by dialing 1-844-413-3977 (within the U.S.) or 1-412-317-1803 (international). Callers should dial in approximately ten minutes prior to the start time and ask to be connected to the Red Cat conference call. Participants can also pre-register for the call using the following link: https://dpregister.com/sreg/10198203/fecb0dc7ae

    The conference call will also be available through a live webcast that can be accessed at: https://event.choruscall.com/mediaframe/webcast.html?webcastid=kOCu4DoZ

    A replay of the webcast will be available until April 30, 2025 and can be accessed through the above link or at www.redcatholdings.com. A telephonic replay will be available until April 30, 2025 by calling 1-877-344-7529 (domestic) or 1-412-317-0088 (international) and using access code 4379690.

    About Red Cat Holdings, Inc.

    Red Cat (Nasdaq: RCAT) is a drone technology company integrating robotic hardware and software for military, government, and commercial operations. Through two wholly owned subsidiaries, Teal Drones and FlightWave Aerospace, Red Cat has developed a Family of Systems. This includes the Black Widow™, a small unmanned ISR system that was awarded the U.S. Army’s Short Range Reconnaissance (SRR) Program of Record contract. The Family of Systems also includes TRICHON™, a fixed-wing VTOL for extended endurance and range, and FANG™, the industry’s first line of NDAA-compliant FPV drones optimized for military operations with precision strike capabilities. Learn more at www.redcat.red.

    Forward Looking Statements

    This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Red Cat Holdings, Inc.’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the Form 10-K filed with the Securities and Exchange Commission on July 27, 2023. Forward-looking statements contained in this announcement are made as of this date, and Red Cat Holdings, Inc. undertakes no duty to update such information except as required under applicable law.

    Contact:

    INVESTORS:
    E-mail: Investors@redcat.red

    NEWS MEDIA:
    Phone: (347) 880-2895
    Email: peter@indicatemedia.com

    The MIL Network –

  • MIL-OSI: Invesco Ltd: Form 8.3 – NIOX Group PLC; Public dealing disclosure

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1. KEY INFORMATION  
       
    (a) Full name of discloser: Invesco Ltd.  
    (b) Owner or controller of interests and short positions disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		    
    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:
    Use a separate form for each offeror/offeree    		 NIOX Group plc  
    (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:    
    (e) Date position held/dealing undertaken:
    For an opening position disclosure, state the latest practicable date prior to the disclosure    		 25.03.2025  
    (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
    If it is a cash offer or possible cash offer, state “N/A”    		 N/A  
       
    2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE  
       
    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.  
    (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)  
       
    Class of relevant security: 0.08p ordinary GB00BJVD3B28  
      Interests Short Positions  
      Number % Number %  
    (1) Relevant securities owned and/or controlled: 9,118,164 2.29      
    (2) Cash-settled derivatives:          
    (3) Stock-settled derivatives (including options) and agreements to purchase/sell:          
      Total 9,118,164 2.29      
       
       
    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    		  
       
       
    (b) Rights to subscribe for new securities (including directors’ and other employee options)  
       
    Class of relevant security in relation to which subscription right exists:    
    Details, including nature of the rights concerned and relevant percentages:    
       
    3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE  
       
    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    		  
    (a) Purchases and sales  
       
    Class of relevant security Purchase/sale Number of securities Price per unit  
    0.08p ordinary GB00BJVD3B28 Purchase 54,596 0.73 GBP  
       
    (b) Cash-settled derivative transactions  
       
    Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit  
               
       
    (c) Stock-settled derivative transactions (including options)
     
    (i) Writing, selling, purchasing or varying
     
    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit
                   
       
    (ii) Exercise  
       
    Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit  
               
       
    (d) Other dealings (including subscribing for new securities)  
                 
    Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable)  
             
       
    4. OTHER INFORMATION  
       
    (a) Indemnity and other dealing arrangements  
       
    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”    		  
    None  
       
    (b) Agreements, arrangements, or understandings relating to options or derivatives  
       
    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i) the voting rights of any relevant securities under any option; or
    (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”    		  
    None  
       
       
    Is a Supplemental Form 8 (Open Positions) attached? NO  
       
    Date of disclosure 26.03.2025
    Contact name Caroline Hellriegel
    Telephone number +17132141993
     

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI Banking: Participation of Standalone Primary Dealers in Variable Rate Repo operations

    Source: Reserve Bank of India

    In terms of the paragraph 1(x) of the Statement on Developmental and Regulatory Policies dated February 06, 2020, Standalone Primary Dealers (SPDs) were allowed to participate in all overnight liquidity management operations (except Marginal Standing Facility) under the current Liquidity Management Framework dated February 06, 2020. SPDs were also allowed to participate in other operations such as long-term Variable Rate Repo (VRR) operations and daily VRRs on a case-to-case basis.

    2. On a review, it has now been decided to allow SPDs to participate in all Repo operations, irrespective of the tenor, conducted by the Reserve Bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2024-2025/2470

    MIL OSI Global Banks –

  • MIL-OSI Banking: Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 – Shree Mahalaxmi Urban Co-operative Credit Bank Ltd., Gokak (Karnataka) – Extension of Period

    Source: Reserve Bank of India

    The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Shree Mahalaxmi Urban Co-operative Credit Bank Ltd., Gokak vide Directive No. CO.DOS.SED.No.S4800/12-23-151/2024-2025 dated September 26, 2024, for a period of six months up to close of business on March 27, 2025. The Reserve Bank of India is satisfied that in the public interest, it is necessary to further extend the period of operation of the Directive beyond close of business on March 27, 2025.

    2. Accordingly, the Reserve Bank of India, in exercise of the powers vested in it under sub-section (1) of Section 35A read with Section 56 of the Banking Regulation Act, 1949, hereby extends the Directive for a further period of three months from close of business on March 27, 2025, to close of business on June 27, 2025, subject to review.

    3. All other terms and conditions of the Directive under reference shall remain unchanged.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2024-2025/2471

    MIL OSI Global Banks –

  • MIL-OSI: SAIC Announces ReadyOne™ Foundational: Latest Digital Engineering Ecosystem for Accelerated Innovation and Mission Effectiveness

    Source: GlobeNewswire (MIL-OSI)

    RESTON, Va., March 26, 2025 (GLOBE NEWSWIRE) — Science Applications International Corp. (NASDAQ: SAIC) has announced the launch of ReadyOne™ Foundational – the company’s commercial-grade solution for a rapidly deployable, cloud-based digital engineering ecosystem that meets the Department of Defense (DoD) Instruction 5000.97 mandate and unique mission requirements of government customers. It is now available on the AWS Marketplace to accelerate deployment and help government avoid developing capabilities that are already commercially available.

    ReadyOne™ Foundational’s built-in digital thread accelerator unifies disparate data, tools and teams in real-time through a configurable, turnkey solution – enabling an out-of-the-box adoption of best practices in digital engineering. This offering grants customers access to a credentialed cloud-based environment that eliminates common DE barriers and is pre-loaded with data-models, software tools and connectors from the outset increasing mission effectiveness and saving costs over an entire lifecycle.

    “As threats to national security continue advancing and evolving, digital engineering is no longer optional for our Department of Defense customers and their mission-critical programs,” said Chris Finlay, Vice President of Innovation at SAIC. “ReadyOne™ Foundational accelerates the transition from traditional, document-based engineering methods to model-based techniques with digitally connected data for a complete digital engineering system for transparent, secure collaboration.”

    The platform’s built-in, tool-agnostic digital thread architecture, powered by Aras Innovator, eliminates vendor lock-in, making it a flexible and cost-effective offering when compared to traditional product lifecycle management (PLM) and digital thread solutions. Organizations can take full ownership of their tools and data by hosting ReadyOne™ Foundational in their own cloud environments, through cloud-to-cloud or on-premises delivery.

    Learn more information about ReadyOne™ Foundational and how it can accelerate your organization’s digital engineering transformation here.

    About SAIC 
    SAIC is a premier Fortune 500® technology integrator focused on advancing the power of technology and innovation to serve and protect our world. Our robust portfolio of offerings across the defense, space, civilian and intelligence markets includes secure high-end solutions in mission IT, enterprise IT, engineering services and professional services. We integrate emerging technology, rapidly and securely, into mission critical operations that modernize and enable critical national imperatives.  

    We are approximately 24,000 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $7.4 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.

    Media Contact: 
    Caralyn Duke
    757.784.4546
    caralyn.duke@saic.com

    The MIL Network –

  • MIL-OSI: XRP Whales Are Betting Big on $XPL – Is XploraDEX XRP’s 100x AI Breakout? Join $XPL PreSale

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, March 26, 2025 (GLOBE NEWSWIRE) — As the first AI-powered decentralized exchange built natively on the XRP Ledger, XploraDEX isn’t just another DeFi protocol—it’s a full-blown trading revolution. Designed to bring institutional-grade automation and smart liquidity to the XRPL ecosystem, it’s now attracting the sharpest capital in the game.

    With the $XPL Presale currently live, investors are rushing in before the next major wave of interest hits. Could this be XRP’s first 100x breakout backed by real technology? If the whale wallets are right, the answer is yes.

    Buy $XPL Token

    Why XRP Whales Are Going All In on XploraDEX

    Whale activity is often the earliest sign of something big. These deep-pocketed investors don’t just chase hype, they move based on deep market insight. Here’s why they’re betting big on $XPL:

    First-Mover Advantage on XRPL: XploraDEX is the only AI-integrated DEX built specifically for the XRP Ledger, leveraging XRPL’s high-speed, low-fee structure to support cutting-edge trading execution.

    AI-Powered Trade Intelligence: From predictive analytics to automated order execution, XploraDEX gives traders tools typically reserved for hedge funds.

    Deep Liquidity Optimization: AI manages liquidity routing in real time—maximizing capital efficiency and reducing slippage, a key benefit for large-volume players.

    $XPL Token Utility

    Whales are accumulating $XPL not just for price action, but for access to AI tools, staking rewards, governance control, and trading fee reductions.

    What Is the $XPL Token? Why Does It Matter?

    The $XPL token isn’t just a placeholder, it’s a utility-rich, governance-enabled asset at the center of the XploraDEX ecosystem.

    $XPL Token Presale Details – Act Fast Before It’s Gone!

    The $XPL Token Presale is officially live! Don’t miss your chance to grab tokens before they hit major DEX listings.

    $XPL PreSale Information

    Token Name: XploraDEX

    Total Supply: 500,000,000

    Presale Allocation: First Come, First Serve!

    DEX Listing: 25% Higher

    Liquidity Pools: Launching immediately after TGE!

    The XPL Token Presale is already attracting major interest, early investors will gain first-mover advantages!

    Buy $XPL Tokens Now: https://sale.xploradex.io

    With whale participation already underway, $XPL’s demand is growing fast and supply is limited.

    The $XPL Presale – Your Early Access to the Future of DeFi on XRPL

    XploraDEX’s presale offers early entry at the lowest token price before listings and staking programs go live. This is the phase where 100x potential begins just as it did for early adopters of major tokens in 2017 and 2020.

    GET XPL TOKEN NOW

    The opportunity to buy $XPL now is like stepping into a new era of DeFi before it goes mainstream.

    Final Word: Follow the Smartest Money in XRP

    When XRP whales accumulate quietly, it’s never by accident. The sharpest investors have done the math: AI + DeFi + XRPL = explosive upside.

    XploraDEX isn’t just a new DEX—it’s the beginning of AI-enhanced, intelligent trading on XRP. And $XPL is the key to it all.

    Join the $XPL Presale Today: https://sale.xploradex.io

    Stay connected and Join the XploraDEX AI Revolution

    Website | $XPL Token Presale | X | Telegram

    Contact:
    Oliver Muller
    oliver@xploradex.io
    contact@xploradex.io

    Disclaimer: This press release is provided by the XploraDEX. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.

    Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.

    Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fcd2f143-416f-489e-bd65-1c96ccf3364f

    The MIL Network –

  • MIL-OSI Economics: RBI imposes monetary penalty on Punjab & Sind Bank

    Source: Reserve Bank of India

    The Reserve Bank of India (RBI) has, by an order dated March 24, 2025, imposed a monetary penalty of ₹68.20 lakh (Rupees Sixty Eight Lakh Twenty Thousand only) on Punjab & Sind Bank (the bank) for non-compliance with certain directions issued by RBI on ‘Creation of a Central Repository of Large Common Exposures – Across Banks’ read with ‘Central Repository of lnformation on Large Credits (CRlLC) – Revision in Reporting’ and ‘Financial Inclusion – Access to Banking Services – Basic Savings Bank Deposit Account (BSBDA)’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 51(1) of the Banking Regulation Act, 1949.

    The Statutory Inspection for Supervisory Evaluation (ISE 2023) of the bank was conducted by RBI with reference to its financial position as on March 31, 2023. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions.

    After considering the bank’s reply to the notice, additional submissions made by it and oral submissions made during the personal hearing, RBI found that the following charges against the bank were sustained, warranting imposition of monetary penalty:

    1. The bank did not report certain borrowers with non-fund based exposure of ₹5 crore and above to CRILC; and

    2. The bank allowed certain BSBDA holders to open Savings Bank Deposit Accounts.

    The action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2024-2025/2469

    MIL OSI Economics –

  • MIL-OSI Banking: Secretary-General of ASEAN welcomes Minister of Europe and Foreign Affairs of France to the ASEAN Headquarters/ASEAN Secretariat

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today welcomed H.E. Jean-Noël Barrot, Minister of Europe and Foreign Affairs of the Republic of France, at the ASEAN Headquarters/ASEAN Secretariat. Their discussion revolved around seeking ways and means to further enhance ASEAN-France relations as both sides mark the fifth anniversary of their Development Partnership this year.

    The post Secretary-General of ASEAN welcomes Minister of Europe and Foreign Affairs of France to the ASEAN Headquarters/ASEAN Secretariat appeared first on ASEAN Main Portal.

    MIL OSI Global Banks –

  • MIL-OSI: Bitget Maintains 213% Reserve Ratio in March 2025 Proof-of-Reserves Update

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, March 26, 2025 (GLOBE NEWSWIRE) — Bitget, the leading global cryptocurrency exchange, has released its latest proof-of-reserves report for March 2025, reaffirming its asset transparency and user fund security with a reserve ratio of 213%. The report, timestamped at 10:30 AM (UTC+8) on March 17, shows that the exchange holds more than double the users’ total assets across BTC, ETH, USDT, and USDC.

    The audit, supported by a 27-layer Merkle tree comprising over 37.8 million records, verifies that Bitget possesses sufficient assets to cover all user balances. This month’s report highlights reserve ratios of 332% for BTC, 173% for USDT, 161% for ETH, and 198% for USDC, each significantly exceeding the 100% threshold required to meet user liabilities.

    A reserve ratio exceeding 100% indicates that the platform holds more crypto assets in custody than its users collectively own, acting as a real-time solvency signal. The publication of this data follows increasing calls from both regulators and users for more frequent, mathematically verifiable disclosures from centralized exchanges.

    By adopting cryptographic techniques such as the Merkle tree structure, Bitget enables users to independently verify their balances within the total liabilities without exposing personal account data. This method strengthens user trust by enabling public verification of platform solvency while preserving user privacy.

    “Transparency must be consistent, not occasional. Exchanges carry an obligation to provide users with tools to verify that their funds are held securely and fully accounted for. Bitget’s latest reserve ratio is not just a metric—it’s a signal of operational clarity and a standard the industry should continuously uphold,” said Gracy Chen, CEO at Bitget.

    As regulatory scrutiny intensifies and users become more discerning, frequent and transparent solvency proofs are becoming integral to the survival of centralized platforms. The latest data places Bitget ahead of many major exchanges in terms of capital buffers, offering a substantial margin of security in volatile market conditions.

    With over 20,500 BTC, 197,500 ETH, 2 billion USDT, and 106 million USDC held in custody, Bitget’s holdings remain aligned with its broader objective to provide users with uninterrupted access to their digital assets. The latest Merkle root hash for March 2025—37a20f806f400dcd—can be used by users to confirm their account’s inclusion in the reserve audit.

    The March disclosure continues a monthly cycle of transparent reporting introduced by Bitget following industry-wide failures in 2022. With this sustained publication, the exchange reinforces its operational visibility and bolsters user confidence in custodial safety.

    To view Bitget’s Proof-of-Reserves, please visit here.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0f1afe99-dee9-403a-a014-543d1c47fd84

    The MIL Network –

  • MIL-OSI: Aspida Life Re Ltd. Appoints Elinor Friedman to its Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    HAMILTON, Bermuda, March 26, 2025 (GLOBE NEWSWIRE) — Aspida Life Re Ltd. (“Aspida Re”), a reinsurance company focused on providing life and annuity reinsurance solutions to companies globally, announced today the recent appointment of Elinor Friedman, FSA, MAAA to its Board of Directors (“the Board”). Ms. Friedman’s extensive product development and pricing knowledge will complement and add broader insight to Aspida Re’s board composition.

    Ms. Friedman is a seasoned actuary with vast experience in the life insurance and reinsurance space. From 2013 to 2024, she served as Managing Director at Willis Towers Watson where she provided consulting services to large and mid-size insurers and reinsurers including sell-side appraisal, buy-side due diligence, product development, and pricing.

    “Elinor’s deep capabilities in actuarial science, risk management, and insurance analytics, combined with her proven leadership in insurance consulting, make her a valuable addition to our board,” said David Florian, Chief Executive Officer of Aspida Re. “Her insights and operational acumen will be instrumental in helping Aspida Re continue to deliver ongoing value for our partners and clients.”

    During her time as Managing Director at Willis Towers Watson, Ms. Friedman also served as Life Division Leader and Sales and Practice Leader for the Americas leadership team for the Insurance Consulting and Technology (ICT) line of business. Prior to joining the firm, she served as Product Actuary at General American Life Insurance Company, coordinating life product development and pricing, and as Assistant Actuary at RGA/Swiss Financial Group, focused on reinsurance transactions, actuarial pricing, and risk analysis.

    “I am excited to join Aspida Re’s board and contribute to the company’s mission of providing innovative and secure reinsurance solutions,” said Elinor Friedman. “Aspida Re’s focus on risk management excellence and forward-thinking strategies aligns with my experience in actuarial science and insurance consulting. I look forward to leveraging my background to support Aspida Re’s growth, helping to refine reinsurance structures and strengthen partnerships that drive long-term financial security.”

    Ms. Friedman received her Bachelor of Science in Applied Mathematics from Concordia University (with distinction) and her Master of Science in Applied Mathematics from the University of Ottawa (magna cum laude). She is a Fellow of the Society of Actuaries (FSA) and a Member of the American Academy of Actuaries (MAAA). Ms. Friedman is also active in the industry, having previously served as Chair of the Society of Actuaries Product Development Section Council and on the planning committee for several industry meetings. She has been a frequent speaker, lending her knowledge and expertise to the industry.

    About Aspida Re
    Aspida Life Re Ltd (“Aspida Re”), a Bermuda-based reinsurance platform, is focused on providing efficient and secure life and annuity reinsurance solutions to its global clients. Aspida Re seeks to be a trusted partner in its clients’ long-term financial growth by delivering creative, customized solutions while driving business by doing good for the communities it serves. Aspida Re is part of Aspida Holdings Ltd, with over $21bn in total assets as of December 31, 2024. A subsidiary of Ares Management Corporation (NYSE: ARES) acts as the dedicated investment manager, capital solutions and corporate development partner to Aspida Re. For more information on Aspida Re, please visit www.aspidare.bm or follow them on LinkedIn.

    Media Contact:
    Blaire Swayze
    Blaire.swayze@aspida.com
    +1-919-246-3108

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c8c0180c-cfc6-4036-bde7-bd8c9365073f

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  • MIL-OSI: Monarch Private Capital Closes LIHTC Equity Financing for Walnut Street Phase I in Massachusetts

    Source: GlobeNewswire (MIL-OSI)

    ATLANTA, March 26, 2025 (GLOBE NEWSWIRE) — Monarch Private Capital, a nationally recognized impact investment firm that develops, finances, and manages a diversified portfolio of projects generating federal and state tax credits, is pleased to announce the financial closing of low-income housing tax credit (LIHTC) equity for Walnut Street Phase I, a new affordable housing development for senior tenants aged 55+ in Foxboro, Massachusetts. In partnership with Boston Financial, this Massachusetts state LIHTC project will be placed in service in Q1 2026, helping to create much-needed affordable housing opportunities within the region and reach qualified occupancy by April 2026.

    Located at 55 Walnut Street in Foxboro, Walnut Street Phase I is part of a broader effort to address the increasing demand for quality, affordable housing in Massachusetts. Developed by Peabody Properties, Inc and Affordable Housing and Services Collaborative (ASHC), in partnership with OnyxGroup Development and Wilton Company as co-developers and general partners, the $43 million development will consist of the new construction of 141 units in two, three-story, elevator-serviced buildings. The project is receiving two LIHTC allocations—one 9% and one 4%—but both buildings will be constructed simultaneously and operate together. Monarch Private Capital will be investing in the portion of the project receiving $10.5 million in 4% state credits.

    The building associated with Monarch Private Capital’s investment will include 80 units, of which 60 will be reserved for tenants earning 60% of the Area Median Income (AMI), while the remaining units will be reserved for tenants receiving Section 8 Project-Based Vouchers (PBVs). Tenants who qualify for Section 8 vouchers will contribute 30% of their income toward rent, ensuring affordability for low-income residents.

    “We are excited to partner with Boston Financial on Walnut Street Phase I, a critical project that will significantly enhance affordable housing accessibility in Massachusetts,” said Brent Barringer, Partner and Managing Director of LIHTC at Monarch Private Capital. “This development reflects our commitment to fostering sustainable and inclusive communities by leveraging impactful tax credit investments.”

    By addressing key housing challenges in the state, Walnut Street Phase I aims to deliver long-term benefits to the local economy while providing secure, high-quality living spaces for residents. This initiative reinforces Monarch Private Capital’s dedication to supporting economic development and improving the quality of life for low-income individuals and families through strategic investment in affordable housing.

    About Monarch Private Capital
    Monarch Private Capital manages impact investment funds that positively impact communities by creating clean power, jobs, and homes. The funds provide predictable returns through the generation of federal and state tax credits. The company offers innovative tax credit equity investments for affordable housing, historic rehabilitations, renewable energy, film, and other qualified projects. Monarch Private Capital has long-term relationships with institutional and individual investors, developers, and lenders participating in these federal and state programs. Headquartered in Atlanta, Monarch has offices and professionals located throughout the United States.

    CONTACT

    Jane Rafeedie

    Monarch Private Capital

    Jrafeedie@monarchprivate.com

    470-283-8431

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4692c4b6-38fd-4970-9295-93e9d2353c4a

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  • MIL-OSI: BigCommerce Appoints Technology Veteran Andrew Norman to Lead EMEA Growth

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas and LONDON, March 26, 2025 (GLOBE NEWSWIRE) — BigCommerce (Nasdaq: BIGC), a leading provider of open, composable commerce solutions for B2C and B2B brands and retailers, today announced the company has hired SaaS and ecommerce veteran Andrew Norman as senior vice president and general manager for EMEA.

    Norman will lead BigCommerce’s go-to-market strategy in EMEA, bringing 25 years experience executing international expansion plans for SaaS technology companies, including 15 years experience in the ecommerce market.

    “BigCommerce has a strong track record of helping brands, retailers, manufacturers and distributors in EMEA grow, and Andrew is the perfect leader to help us accelerate that growth,” said Travis Hess, CEO at BigCommerce. “His years of experience make him well positioned to drive our strategic growth forward. Andrew brings an exceptional record of scaling international technology companies, as well as an extensive network of strategic partnerships that will be instrumental in boosting our market penetration and delivering innovative solutions to our customers.”

    Norman joins BigCommerce from Sendcloud (a Softbank Company), where he led the enterprise, UK and partners teams. He previously worked at Auctane (a Thoma Bravo Company), where he served in general manager roles for ShipStation in Canada, Europe and Australia and New Zealand, as well as general manager for Metapack.

    “I was drawn to BigCommerce by its extraordinary potential to lead the next wave of ecommerce innovation as the market converges around truly transformative platforms,” said Norman. “With its unique ability to enable seamless commerce across multiple channels, BigCommerce is perfectly positioned to empower brands, retailers, manufacturers, and distributors in an increasingly complex digital marketplace.”

    Learn more about BigCommerce here.

    About BigCommerce

    BigCommerce (Nasdaq: BIGC) is a leading open SaaS and composable ecommerce platform that empowers brands, retailers, manufacturers and distributors of all sizes to build, innovate and grow their businesses online. BigCommerce provides its customers sophisticated professional-grade functionality, customization and performance with simplicity and ease-of-use. Tens of thousands of B2C and B2B companies across 150 countries and numerous industries rely on BigCommerce, including Coldwater Creek, Harvey Nichols, King Arthur Baking Co., MKM Building Supplies, United Aqua Group and Uplift Desk. For more information, please visit www.bigcommerce.com or follow us on X and LinkedIn.

    BigCommerce® is a registered trademark of BigCommerce Pty. Ltd. Third-party trademarks and service marks are the property of their respective owners.

    Media Contact:
    Brad Hem
    pr@bigcommerce.com

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  • MIL-OSI: Willis launches AdWrap, a comprehensive insurance solution for marketing and advertising production in the U.S.

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) — Willis, a WTW business, has announced that it is now offering AdWrap, a master-controlled insurance program designed to meet the production insurance needs of businesses and their contracted vendors. This innovative program provides a cost-effective and transparent approach for businesses creating marketing, advertising, and promotional content in the U.S.

    AdWrap simplifies production insurance for in-house teams, third-party vendors, and social media influencers, ensuring comprehensive protection while optimizing costs. By leveraging content spend, the program offers pre-approved coverage limits and eliminates inefficiencies, helping businesses reduce insurance expenses. Key features of AdWrap include:

    • Customizable Coverage: Providing coverage from pre-production to airdate, AdWrap protects various production types—including live-action, digital, print, and social media—against property, casualty, and contingent risks.
    • Cost Transparency: AdWrap offers direct coverage with premiums that reflect individual risks and claims history by eliminating typical vendor mark-ups, ensuring fair and consistent pricing across all projects.
    • Expert Support & Global Reach: Backed by a team of media and entertainment professionals, AdWrap ensures seamless account management and strong vendor relations. With 24/7 support and global capabilities, clients can manage production risks wherever their projects take them.

    “We’re excited to offer a solution that provides robust coverage, along with greater transparency and cost-efficiency for our clients,” said Paul Evans, Director, New Business, Technology, Media and Telecommunications (TMT), at Willis. “AdWrap simplifies the production insurance process, enabling businesses to focus on creating impactful content without the complexity of traditional insurance solutions.”

    About WTW

    At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk, and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help organizations sharpen their strategy, enhance organizational resilience, motivate their workforce, and maximize performance.

    Working shoulder to shoulder with our clients, we uncover opportunities for sustainable success—and provide perspective that moves you.

    Learn more at wtwco.com.

    Media Contacts

    Douglas Menelly
    Douglas.Menelly@wtwco.com +1 (516) 972-0380

    Arnelle Sullivan
    Arnelle.Sullivan@wtwco.com +1 (718) 208-0474

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  • MIL-OSI: Xsolis Announces Its Return as Platinum Sponsor of the American Case Management Association (ACMA) National Conference for the 7th Consecutive Year

    Source: GlobeNewswire (MIL-OSI)

    FRANKLIN, Tenn., March 26, 2025 (GLOBE NEWSWIRE) — Xsolis, an AI-driven technology company that reduces administrative waste by enabling collaboration between healthcare providers and payers, announces its return as Platinum Sponsor of the American Case Management Association (ACMA) National Conference for the 7th consecutive year. The ACMA National Conference will take place April 3-6 at the Gaylord Rockies Resort & Convention Center in Aurora, Colorado, and features leaders and professionals affiliated with case management and transitions of care.

    “Xsolis continues to support the case management community and the ACMA organization by solving some of the industry’s most pervasive operational issues like staffing shortages and revenue challenges with our AI-driven solutions,” said Joan Butters, co-founder and CEO of Xsolis. “The ACMA National Conference provides unique opportunities for Xsolis leadership to exchange ideas with clients and other leaders who are changing the industry with more efficient authorization processes and payer-provider collaboration.”

    As a Platinum Sponsor, Xsolis will present several opportunities for attendees to engage with its leaders and solutions, including a Platinum Speaking Session, which will be held at Maple 1-2:

    • Friday, April 4, 2025, 3:30 pm MT: Accelerating Concurrent Authorization & Optimizing Length of Stay Timelines Through AI-Powered Health Plan Collaboration featuring Hoa Cooper, RN, DNP, Vice President, Care Management at OSF Healthcare; Matthew Gorman, DO, MBA, Medical Director, Care Management at OSF Healthcare; and Heather Bassett MD, Chief Medical Officer at Xsolis

    Informational in-booth client speaker sessions will also be held at Xsolis Booth 401:

    • Friday, April 4, 2025, 1 pm MT: Southern Star: A Health System’s Rise with AI-Powered Efficiency & Collaborative Care featuring Kayla Long, MSN, RN, ACM, Director of Case Management at UMC Health System
    • Friday, April 4, 2025, 5 pm MT: Optimized Discharge Planning & Length of Stay Management with AI-Powered Insights featuring Hoa Cooper, RN, DNP, Vice President of OSF HealthCare Management
    • Saturday, April 5, 2025, 12 pm MT: AI-Facilitated Payer-Provider Collaboration: Unlocking Efficiency, Coordination, & Improved Results featuring Pam Foster, MBA, MSW, Vice President of Care Coordination at HonorHealth

    Xsolis is also proud to be the Premier Partner of the ACMA Case Management Hero Award, which was established to recognize case management professionals who continually deliver exemplary service for their patients and families, but also face a major life challenge and could benefit from ACMA’s support.

    The ACMA National Conference features exceptional learning opportunities with over 80 practitioner-led breakout sessions, inspiring keynotes and a vast exhibit hall showcasing supporting and affiliated industry companies. The conference is known for quality educational content and is an opportunity to share knowledge, learn and network with nurses, social workers, physicians, health plan and other health care professionals affiliated with case management and transitions of care.

    To learn more about ACMA activities with Xsolis, visit https://www.xsolis.com/2025-acma-national/.

    About Xsolis 

    Xsolis is an AI-driven technology company that reduces administrative waste by enabling collaboration between healthcare providers and payers. Dragonfly®, its AI-driven proprietary platform, is the first and only solution to use real-time predictive analytics to continuously assign an objective medical necessity score and assess the anticipated level of care for every patient, enabling more efficiency across the healthcare system. Xsolis is headquartered in Franklin, Tennessee. For more information, visit www.xsolis.com.

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  • MIL-OSI: ManTech Paves the Way in Secure AI Adoption with Google Cloud for Secure Data

    Source: GlobeNewswire (MIL-OSI)

    HERNDON, Va., March 26, 2025 (GLOBE NEWSWIRE) — ManTech, a premier provider of AI and mission-focused technology solutions, today announced that it is operationalizing Google Cloud’s Vertex AI platform and Gemini models within a Controlled Unclassified Information (CUI) environment at Cybersecurity Maturity Model Certification (CMMC) Level 2. This achievement marks a significant step forward in the responsible and secure adoption of advanced AI for government and defense applications.

    “We are dedicated to providing innovative AI solutions that equip our employees and clients with the tools to excel in a cyber world rapidly evolving at unprecedented technological speeds,” said Mike Uster, ManTech Chief Technology & Information Officer. “By integrating Google Gemini models into our production environment at CMMC Level 2, we are demonstrating our dedication to harnessing the power of AI in a secure and compliant manner to drive innovation and efficiency for our clients.”

    “ManTech’s deployment of Google Cloud’s Vertex AI and Gemini in a secure CMMC Level 2 environment is a major step forward in bringing the power of responsible AI to the public sector,” said Tony Orlando, General Manager Specialty Sales, Google Public Sector. “By leveraging advanced capabilities for large-scale data analysis and streamlined operations, this collaboration unlocks the potential for groundbreaking solutions that drive innovation and efficiency for government agencies.”

    ManTech’s implementation of the Vertex AI platform and Gemini models focuses on leveraging its advanced capabilities for tasks such as:

    • Large-scale data analysis: Gemini models on Vertex AI’s one million token context window, for the processing and analysis of vast quantities of data, enabling deeper insights and more informed decision-making.
    • Streamlined operations: Automating tasks such as report generation and data summarization frees valuable time and resources for innovation versus routine tasks.

    Security at the Forefront of AI Adoption

    ManTech has prioritized the secure implementation of the Vertex AI platform and Gemini models, addressing key requirements for AI deployment in sensitive environments including:

    • Data Encryption: All CUI data processed by the Gemini models encrypted both in transit and at rest, ensuring its confidentiality and integrity.
    • Source Data Citation: Gemini models provides clear citations to the source data used in its responses, enabling traceability and validation of information.
    • Proprietary Information Protection: Strict access controls and data governance policies are in place to safeguard ManTech’s and its clients’ proprietary information.

    “This achievement by ManTech accelerates adoption of advanced AI technologies within secure government and defense environments,” said ManTech Chief Innovation Officer Eric Brown. “By prioritizing security and compliance, ManTech is setting a new standard for responsible AI implementation in the public sector.”

    About ManTech
    ManTech provides mission-focused technology solutions and services for U.S. Defense, Intelligence and Federal Civilian agencies as a 57-year Industry Partner with the Federal Government. We are a leading mission and enterprise technology provider that powers AI, full-spectrum cyber, data collection & analytics, high-end digital engineering and software application development solutions that support national and homeland security. Additional information on ManTech can be found at www.mantech.com.

    Media Contact:
    Jim Crawford
    Executive Director, External Communications
    Mobile: 703-498-7315
    James.Crawford2@ManTech.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a34975d5-c3b0-47a7-b0e8-96bd27bed550

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  • MIL-OSI: TransUnion’s TruValidate™ Solutions for Government Assessed FedRAMP Ready

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, March 26, 2025 (GLOBE NEWSWIRE) — TransUnion (NYSE: TRU) announced today it completed a FedRAMP® Ready assessment for TruValidate™ solutions for government, which help public agencies interact with American public users to help protect against fraud.

    The Federal Risk and Authorization Management Program (FedRAMP) is a government-wide program that provides a standardized approach to security assessment, authorization and continuous monitoring for cloud products and services.1 Achieving FedRAMP compliance is required by federal contracts employing the use of advanced cloud-based technologies, with a number of states at various levels of adoption as well.

    “Bringing TruValidate’s suite of flexible anti-fraud capabilities to FedRAMP readiness is a critical step,” said Jeffrey Huth, senior vice president of TransUnion’s Public Sector business. “TransUnion is ready to help agencies mitigate the continuously evolving digital and non-digital identity risks, while providing the privacy and security expected by the American public.”

    Some FedRAMP requirements include: 

    • A robust information security audit that examines confidentiality, integrity and availability of cloud-based services in alignment with the National Institute of Standards and Technology Special Publication 800-53 revision 5.
    • Ongoing operations, such as continuous monitoring​, which assesses, tests and authorizes security processes throughout a system’s development lifecycle as security postures may change over time. 

    TransUnion is pursuing FedRAMP Certification with a rapid path forward using mature and tested tooling. Solutions have been assessed by a leading Third-Party Assessment Organization as qualifying for FedRAMP Ready status. 

    TruValidate Identity Verification for government introduces friction-right experiences for constituents applying for and accessing government programs, reducing the amount of time and effort required for legitimate constituents to prove their identity with high assurance. Conversely, this product helps to detect bad actors attempting to defraud government programs and steal benefits and tax refunds from legitimate constituents using its mature Identity Graph that continuously evaluates accuracy.

    “TruValidate is a suite of highly configurable applications,” said Stuart Levy, vice president of Identity for TransUnion’s public sector business. “Underpinned by our unique blend of high assurance telephony, alternative and financial services-based identity data resources these offerings then layer additional capability to conform with NIST identity assurance levels enabling risk-based decisioning, a single application interface and governance that our public sector customers have come to rely upon.”

    TransUnion’s mature data security and compliance infrastructure aligns closely with the needs of these Federal and State agencies, making TruValidate and other TransUnion solutions ideally suited for rapid deployment. Compliance with FedRAMP will further accelerate customer needs to avoid fraud, waste and abuse.

    TruValidate Identity Verification for government is TransUnion’s first product to initiate the FedRAMP authorization process. TransUnion plans to bring more from TruValidate and other solution lines into the FedRAMP process in the near future.

    Learn more about TransUnion’s suite of identity solutions here.

    1www.fedramp.gov

    About TransUnion (NYSE: TRU)
    TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world. http://www.transunion.com/business

    Contact  Dave Blumberg
      TransUnion
    E-mail   david.blumberg@transunion.com
    Telephone  312-972-6646

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